β‘ Block #954,481
π¦ 5,102 transactions, almost no fees β how is that possible?
June 20, 2026 at 02:12 AM UTC
Block 954481 is packed to the brim with 5,102 transactions β yet the total fees collected amount to just 0.018 BTC, which is unusually low for a block this full. That's because nearly every transaction paid the bare minimum: about 1 sat/vB (satoshis per virtual byte, the standard unit for Bitcoin transaction fees). NiceHash filled the block right up to its weight limit, squeezing in as many cheap transactions as possible.
- Mined by NiceHash on June 20, 2026 at 02:12 UTC
- 5,102 transactions β a densely packed block
- Total fees: 0.018 BTC (very low for this volume)
- Median fee rate: ~1.0 sat/vB, essentially the floor price to get included
- Block size: 1.64 MB, filled right to the weight limit
Coinbase message
left by the miner
qΒeΓ«{EΒ-YΒΒ€oΒ¦/NiceHash/
The coinbase is the first transaction in a block β miners can embed a short message in it.
Block details
from mempool.space
- Mining pool
- NiceHash
- Transactions
- 5,102
- Total fees
- 0.018 BTC
- Subsidy
- 3.125 BTC
- Median fee
- 1 sat/vB
- Block size
- 1.64 MB
Why our analysis flagged it
score 47/100
- Packed block: 5,102 transactions+26
- Unusually low fees: 0.018 BTC+12
- Block mined right up to the weight limit+8
Scores are computed from on-chain facts (a deterministic heuristic), then a story is written for blocks that clear our curation threshold.
This day in Bitcoin history
reward era 5
This block sits 114,481 blocks after the 4th halving and 95,519 blocks before the 5th β Bitcoinβs 5th reward era.
- 2012-11-281st halving14y before this block
- 2016-07-092nd halving10y before this block
- 2017-12-172017 ATH (~$19.5k)9y before this block
- 2020-05-113rd halving6y before this block
- 2021-11-102021 ATH (~$69k)5y before this block
- 2024-03-142024 ATH (~$73k)2y before this block
- 2024-04-194th halving2y before this block